Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing, and lifecycle cost management announced that it has been awarded the Technology Leadership Award for Fleet TCO Optimization Solutions in North America by the global industry research and consulting firm Frost & Sullivan.

The award recognizes Fleet Advantage’s commitment to technology and innovation demonstrated by the company’s Advanced Truck Lifecycle Administrative Analytics Software (ATLAAS), which allows private fleets and transportation companies to gain granular visibility into unseen costs and performance issues of their class 8 trucks, effectively reducing the total cost of operation (TCO).

Frost & Sullivan confirmed that “ATLAAS has changed Fleet Advantage’s business and is also changing the industry, as the software provides many benefits not only to clients, but also lending institutions, equipment manufacturers, and the general public. With the probability of Intelligent Transportation Systems (ITS) and Dedicated Short Range Communications (DSRC) on the horizon, Fleet Advantage is just scratching the surface on the amount of data intelligence and analysis that will become available in future versions of ATLAAS to assist clients in making logical, data driven decisions that will drive the lowest cost of operations of their fleet.”

“On behalf of the entire Fleet Advantage team who continually find ways to improve our ATLAAS offering, as well as our forward-thinking clients who use ATLAAS to radically cut their operating costs, we are honored to be recognized by such a respected research and analyst organization as Frost & Sullivan,” said John Flynn, Chief Executive Officer of Fleet Advantage. “We remain committed to leading the transportation industry with innovative and data driven solutions allowing our clients to maximize the use of their assets while operating at the lowest possible cost per mile.”

ATLAAS includes information on over 20,000 tractors and has saved Fleet Advantage clients approximately $40 million in operating costs and has reduced harmful emissions by 125,000 MT since the company’s inception in 2008. ATLAAS uses proprietary business intelligence to determine a truck’s economic “tipping point” and its proper lifecycle replacement timing.